Shuttered Venue Operators are Thrown a Lifeline as the Show Must Go On
Described as a lifeline, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Hard-Hit Act) introduced a new $15 billion grant program that provides aid to the arts and entertainment industry.
The Special Purpose Vehicle – Facilitating Business and Investment Across the Globe
The overall investment landscape is evolving rapidly, and investment structures continue to adapt to the ever-changing needs and objectives of stakeholders.
Business Owners – Are You Prepared if a SPAC Comes Knocking?
If you mentioned the acronym “SPAC” a few years ago you were likely met with a blank stare. While COVID-19 led the headlines in 2020, SPACs became the hottest investment vehicle on Wall Street dominating the initial public offering (IPO) landscape and private equity has played a significant role in the SPAC boom.
Tax-Free Retirement Income?
Many of us are looking for ways to keep more of what we make and minimize our tax burden. One effective strategy for individual taxpayers can be the Backdoor Roth IRA.
M&A Outlook for 2021: An Active Seller’s Market
The year ahead holds the promise of a dynamic seller’s market likely to drive a healthy mergers and acquisitions (M&A) market.
The Employee Retention Credit – A New and Improved Taxpayer Opportunity
The Consolidated Appropriations Act, 2021 (the Act) brought big headlines including a new round of PPP loans, full expensing for business meals, and new stimulus checks.
Planning Considerations for Foundations Undergoing Audits in the Coming Months
As a new year brings on a new audit season, foundations that undergo a financial statement audit need to ensure they are properly prepared to enable the process to proceed with minimal issues and disruption to their operations.
Retirement Plan Missing Participants – DOL Guidance (Finally) and Action Plan
A common problem for retirement plan administrators is the maintaining of current contact information of former employees during the period of time when they leave a company to the time they become eligible to receive benefits from the retirement plan.
“To the Victor Go the Spoils” … Tax Reform is Now on the Way
In the Georgia runoff election on January 5th, the Democratic Party finished what it started last November … winning the trifecta of the White House and control of both chambers of Congress.
Webinar Replay: The Evolving Family – How to Protect Your Children and Yourself as Family Dynamics Change
During today’s challenges, family conflict often arises unexpectedly. For those involved in marital disputes or experiencing difficult family issues, finding […]
Tax Issues and Best Practices for Employee Disaster Relief Payments
Over the course of a difficult 2020 and a still uncertain 2021, employers have grappled with how to provide needed support for employees to keep their business going.
PKF O’Connor Davies Announces 5 New Partners
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today that five individuals have been promoted to Partner.